311, Concorde Tower
Sold prices and rental history: sold twice, last in July 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Concorde Tower
What is 311 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 505 sqft
- Floor
- 3rd of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 10,100 /yr
- Last sold
- AED 410K · July 2012
- Building
- Concorde Tower
About 311, Concorde Tower
311 is a studio of 505 sqft on the 3rd floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. It last sold on 31 July 2012 for AED 410,000, or AED 811 per sqft, 19% above the AED 680 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 3 November 2025, is AED 60,000 a year: a gross yield of 14.6% on the 2012 price, before the service charge of about AED 10,100 a year.
Sales and rents for 311 over time
311 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Concorde Tower, and where 311 sits
All 59 studios →311 last sold in July 2012 at AED 811 per sqft, 19% above what studios in Concorde Tower were fetching at the time (AED 680). Over the last 12 months studios sold for AED 830,000, around AED 1,643 per sqft, and rent for AED 56,000 to 65,000 a year. 311's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Mar 202525 March 2025 | 453 sqft | 625,000 | 1,379 | ||
| 15 Oct 202415 October 2024 | 505 sqft | 680,000 | 1,346 | ||
| 11 Jun 202411 June 2024 | 372 sqft | 680,000 | 1,829 | ||
| 10 Jun 202410 June 2024 | 372 sqft | 699,000 | 1,880 |
Concorde Tower
Building470 apartments, studios to 3-bed over 43 floors in Jumeirah Lake Towers (JLT), completed in 2008 by 32 Group Properties. 13 sold in the last 12 months.
- Typical price per sqft
- AED 1,224 Up 2.8%
- Typical sale
- AED 1.15M
- Typical rent
- AED 80K /yr
- Typical yield
- 8.0%
Other units on the 3rd floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 744 sqft | AED 499KAED 499,000 · Jan 2022January 2022 | 85,000 /yr | |
| 302 | 1-bed | 611 sqft | AED 680KAED 680,000 · Aug 2024August 2024 | 69,300 /yr | |
| 303 | 1-bed | 753 sqft | AED 460KAED 460,000 · Sep 2011September 2011 | 75,000 /yr | |
| 304 | Studio | 505 sqft | AED 495KAED 495,000 · Sep 2022September 2022 | 52,000 /yr | |
| 305 | 1-bed | 955 sqft | AED 735KAED 735,000 · Nov 2022November 2022 | 77,000 /yr | |
| 306 | 1-bed | 825 sqft | AED 1.1MAED 1,100,000 · Oct 2024October 2024 | 48,000 /yr | |
| 307 | 1-bed | 1,432 sqft | AED 800KAED 800,000 · Feb 2011February 2011 | 65,000 /yr | |
| 308 | 1-bed | 1,432 sqft | AED 1.03MAED 1,025,000 · Dec 2022December 2022 | 70,000 /yr | |
| 309 | 1-bed | 971 sqft | AED 1.2MAED 1,200,000 · Jul 2014July 2014 | 68,000 /yr | |
| 310 | 1-bed | 980 sqft | AED 1.13MAED 1,128,000 · Jul 2015July 2015 | 76,000 /yr | |
| 312 | 1-bed | 753 sqft | AED 875KAED 875,000 · Feb 2025February 2025 | 46,000 /yr | |
| 313 | 1-bed | 611 sqft | AED 426KAED 425,521 · Feb 2013February 2013 | 65,000 /yr |
311, Concorde Tower in numbers
- Sold twice: first on 20 June 2012 for AED 351,281, last on 31 July 2012 for AED 410,000 (AED 811 per sqft).
- Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 28,000 in 2020 and recovered to AED 60,000 by November 2025.
- At AED 60,000 a year the gross yield on the 2012 price is 14.6%, before a service charge of about AED 10,100 a year (AED 19.92 per sqft).
- Studios in Concorde Tower sold for AED 830,000–830,000 in the 12 months to November 2026; the building's median across all types is AED 1,224 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 3 November 2025.
Questions about 311, Concorde Tower
What did unit 311 last sell for?
AED 410,000 on 31 July 2012: AED 811 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 351,281 in June 2012.
What is the rent for unit 311?
AED 60,000 a year on the contract signed on 3 November 2025. The previous contract, from November 2024, was AED 46,200; the unit has been rented since August 2013.
How big is unit 311?
505 sqft (46.9 sqm): a studio on the 3rd floor of a 43-storey tower completed in 2008.
What is unit 311 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Concorde Tower sold for AED 830,000 to 830,000 in the last 12 months, around AED 1,643 per sqft.
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Mortgage on 311, Concorde Tower
Starts from the last sale price (AED 410K, 31 July 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 410,000
- Deposit, UAE resident (20%)
- AED 82,000
- Deposit, non-resident (40%)
- AED 164,000
- Monthly over 25 years at 3.7%
- AED 1,677
Plus AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →